Accounting Profession News
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Five Consumer Groups Attack Ernst & Young
The Consumers Union, Consumer Federation of America and other top consumer advocacy groups have criticized Ernst & Young LLP for…
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Deloitte Consulting Plans To Double its India Team
Deloitte Consulting plans to double its employee strength in India to 2,000 within the next 18 months to grow its…
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ICAEW sees key role for CAs
The ICAEW in UK insists that chartered accountants are determined to play a central role in a debate about the…
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Report says WorldCom CEO masterminded the $11 bn fraud
The $11bn accounting fraud at WorldCom was implemented and directed by former WorldCom chief financial officer Scott Sullivan, a report…
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E&Y Dismisses SEC's Conflict Criticism
In a rare protest against the government, Ernst & Young is calling the Securities and Exchange Commission in USA “irresponsible”…
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Former Andersen Workers Find Job Switch Taxing
On May 13 a year ago, about 1,000 former Andersen partners and staff gathered for breakfast in a Hyatt Regency…
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SEC Regulations in USA Place Heavier Burden on Accountants
Utah accountants say they face more work and more risk now that the Securities and Exchange Commission has adopted rules…
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After scandals, G8 seeks wider accounting rules
Leaders of the Group of Eight (G8) world powers yesterday restated pledges to crack down on financial crime and called…
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Deloitte to integrate consulting services in South Africa
Deloitte & Touche, the professional services firm, plans to integrate its consulting services under one brand, as part of an…
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IBM says SEC probing its accounting practices
The Securities and Exchange Commission in USA has opened a formal investigation into the way International Business Machines Corp. booked…
